What are the challenges faced by the Indier
farmers in the mati and economy
Answers
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Answer:
For many of us, the new year is a time to reflect on the year (or decade) behind us and consider what may lie ahead of us. What will 2020 have in store?
Well, that is a daunting – if not impossible – question to answer in January. However, that doesn’t mean we are completely helpless in thinking about the significant issues ahead.
Here is a list of the 11 biggest issues facing agriculture in 2020.
1. FARM INCOME
From the trade war to MFP and commodity markets, farm income will have several moving pieces in 2020. It is no secret that ad hoc MFP payments in 2018 and 2019 have propped up farm incomes, but no such program is currently in play for 2020.
READ MORE: It's Farmland Sale Season. Are You In the Market?
2. FARM FINANCES
As we noted in 2019, the challenges in the farm economy go deeper than farm income. Specifically, the trends toward higher debt and lower working capital reveal an unfavorable trend on producers’ balance sheets. Will farm balance sheets stabilize in 2020?
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